Meridiem Investment Management 13F annual report
Meridiem Investment Management is an investment fund managing more than $5.32 trillion ran by Alison Fawcett. There are currently 59 companies in Mrs. Fawcett’s portfolio. The largest investments include Unitedhealth Inc and Microsoft, together worth $713 billion.
$5.32 trillion Assets Under Management (AUM)
As of 7th August 2024, Meridiem Investment Management’s top holding is 724,295 shares of Unitedhealth Inc currently worth over $369 billion and making up 6.9% of the portfolio value.
Relative to the number of outstanding shares of Unitedhealth Inc, Meridiem Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 770,779 shares of Microsoft worth $344 billion, whose value grew 1.1% in the past six months.
The third-largest holding is Intuitive Surgical Inc worth $320 billion and the next is Fiserv worth $313 billion, with 2,102,993 shares owned.
Currently, Meridiem Investment Management's portfolio is worth at least $5.32 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Meridiem Investment Management
The Meridiem Investment Management office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Alison Fawcett serves as the Compliance Officer & MLRO at Meridiem Investment Management.
Recent trades
In the most recent 13F filing, Meridiem Investment Management revealed that it had opened a new position in
Labcorp and bought 1,225,410 shares worth $249 billion.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
18.3%
of the fund's Health Care sector allocation and has grown its share price by 3.0% in the past year.
The investment fund also strengthened its position in Unitedhealth Inc by buying
110,315 additional shares.
This makes their stake in Unitedhealth Inc total 724,295 shares worth $369 billion.
Unitedhealth Inc soared 12.4% in the past year.
On the other hand, there are companies that Meridiem Investment Management is getting rid of from its portfolio.
Meridiem Investment Management closed its position in Laboratory Corp Amer Hldgs on 14th August 2024.
It sold the previously owned 1,176,170 shares for $257 billion.
Alison Fawcett also disclosed a decreased stake in Thermo Fisher Scientific by approximately 0.1%.
This leaves the value of the investment at $308 billion and 558,133 shares.
One of the largest hedge funds
The two most similar investment funds to Meridiem Investment Management are Resolution Capital Ltd and Valmark Advisers. They manage $5.32 trillion and $5.33 trillion respectively.
Alison Fawcett investment strategy
Meridiem Investment Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 27.4% of
the total portfolio value.
The fund focuses on investments in the United States as
72.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
76% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $259 billion.
The complete list of Meridiem Investment Management trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Unitedhealth Group Inc |
17.97%
724,295
|
$368,820,330,000 | 6.93% |
| Microsoft Corporation |
3.27%
770,779
|
$344,414,624,000 | 6.47% |
| Intuitive Surgical Inc |
3.66%
719,915
|
$320,287,854,000 | 6.02% |
| Fiserv, Inc. |
3.53%
2,102,993
|
$313,346,171,000 | 5.89% |
| Intuit Inc |
16.90%
471,339
|
$309,739,917,000 | 5.82% |
| Thermo Fisher Scientific Inc. |
2.89%
558,133
|
$308,390,418,000 | 5.79% |
| Marsh & McLennan Cos., Inc. |
3.98%
1,460,625
|
$307,793,467,000 | 5.78% |
| Mastercard Incorporated |
6.19%
696,606
|
$307,241,840,000 | 5.77% |
| Amphenol Corp. |
82.06%
4,446,639
|
$299,585,918,000 | 5.63% |
| Synopsys, Inc. |
4.24%
484,834
|
$288,470,220,000 | 5.42% |
| Tractor Supply Co. |
2.86%
1,055,786
|
$285,050,784,000 | 5.35% |
| Laboratory Corp Amer Hldgs |
Closed
1,176,170
|
$256,856,229,000 | |
| Accenture Plc Ireland |
6.05%
835,923
|
$253,651,389,000 | 4.76% |
| Labcorp Holdings Inc. |
Opened
1,225,410
|
$249,387,614,000 | 4.68% |
| Amazon.com Inc. |
6.19%
1,205,052
|
$232,978,983,000 | 4.38% |
| Broadridge Finl Solutions In |
6.76%
1,108,722
|
$218,454,220,000 | 4.10% |
| Avery Dennison Corp. |
2.45%
788,336
|
$172,338,087,000 | 3.24% |
| Automatic Data Processing In |
5.54%
706,750
|
$168,704,308,000 | 3.17% |
| Alphabet Inc |
1.61%
1,185,900
|
$216,646,202,000 | 4.07% |
| Adobe Systems Incorporated |
4.92%
208,503
|
$115,834,777,000 | 2.18% |
| Align Technology, Inc. |
20.03%
472,882
|
$114,178,200,000 | 2.14% |
| Nike, Inc. |
3.03%
1,371,065
|
$103,332,167,000 | 1.94% |
| Berkshire Hathaway Inc. |
15.15%
28,830
|
$11,732,034,000 | 0.22% |
| Apple Inc |
11.05%
14,487
|
$3,049,790,000 | 0.06% |
| Taiwan Semiconductor Mfg Ltd |
12.92%
9,500
|
$1,651,401,000 | 0.03% |
| Costco Whsl Corp New |
8.53%
1,545
|
$1,313,273,000 | 0.02% |
| Xylem Inc |
No change
7,530
|
$1,021,256,000 | 0.02% |
| Mcdonalds Corp |
No change
3,962
|
$1,009,419,000 | 0.02% |
| Blackrock Inc. |
Opened
885
|
$697,057,000 | 0.01% |
| American Express Co. |
No change
2,800
|
$648,662,000 | 0.01% |
| Dollar Gen Corp New |
No change
3,350
|
$442,987,000 | 0.01% |
| WEC Energy Group Inc |
No change
5,080
|
$398,501,000 | 0.01% |
| Meta Platforms Inc |
No change
770
|
$388,172,000 | 0.01% |
| Johnson & Johnson |
No change
2,500
|
$365,288,000 | 0.01% |
| Abbvie Inc |
No change
1,935
|
$331,696,000 | 0.01% |
| Exxon Mobil Corp. |
No change
2,640
|
$303,864,000 | 0.01% |
| Colgate-Palmolive Co. |
Closed
3,000
|
$270,090,000 | |
| NVIDIA Corp |
600.00%
2,100
|
$259,256,000 | 0.00% |
| Brookfield Corp |
Closed
6,000
|
$251,190,000 | |
| AMGEN Inc. |
Closed
800
|
$227,404,000 | |
| Wheaton Precious Metals Corp |
No change
4,000
|
$209,660,000 | 0.00% |
| S&P Global Inc |
No change
400
|
$178,478,000 | 0.00% |
| Abbott Labs |
No change
1,570
|
$163,131,000 | 0.00% |
| PayPal Holdings Inc |
14.50%
2,800
|
$162,470,000 | 0.00% |
| RTX Corp |
18.99%
1,600
|
$160,712,000 | 0.00% |
| EBay Inc. |
14.50%
2,800
|
$150,416,000 | 0.00% |
| Philip Morris International Inc |
Closed
1,600
|
$146,552,000 | |
| Bank New York Mellon Corp |
No change
2,387
|
$142,946,000 | 0.00% |
| Deere & Co. |
64.86%
325
|
$121,383,000 | 0.00% |
| MSCI Inc |
No change
245
|
$118,013,000 | 0.00% |
| Sap SE |
No change
550
|
$110,954,000 | 0.00% |
| Advanced Micro Devices Inc. |
No change
650
|
$105,437,000 | 0.00% |
| CVS Health Corp |
No change
1,715
|
$101,339,000 | 0.00% |
| Carrier Global Corporation |
18.99%
1,600
|
$100,936,000 | 0.00% |
| Otis Worldwide Corporation |
No change
800
|
$77,020,000 | 0.00% |
| Brookfield Asset Managmt Ltd |
Closed
1,500
|
$63,008,000 | |
| Dexcom Inc |
No change
530
|
$60,091,000 | 0.00% |
| JPMorgan Chase & Co. |
No change
280
|
$56,633,000 | 0.00% |
| Altria Group Inc. |
65.22%
800
|
$36,444,000 | 0.00% |
| Visa Inc |
76.92%
120
|
$31,496,000 | 0.00% |
| Verizon Communications Inc |
No change
690
|
$28,473,000 | 0.00% |
| Chubb Limited |
No change
108
|
$27,549,000 | 0.00% |
| Procter And Gamble Co |
Closed
161
|
$26,122,000 | |
| Wells Fargo Co New |
No change
350
|
$20,787,000 | 0.00% |
| Immunocore Hldgs Plc |
No change
575
|
$19,501,000 | 0.00% |
| Tesla Inc |
No change
60
|
$11,879,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
Hedge funds similar to Meridiem Investment Management
- Maryland State Retirement & Pension System
- Canoe L.P.
- Provident Trust Co
- Ballentine Partners
- Oppenheimer & Co Inc
- Copeland Capital Management
- Valmark Advisers
- Resolution Capital Ltd
- Waverton Investment Management Ltd
- First Citizens Bank & Trust Co
- Ceredex Value Advisors
- Meitav Investment House Ltd
- Scge Management, L.P.
- Letko, Brosseau & Associates Inc